Concerning time binning of park rates, I will use integer n to represent a bin of length t days at rate R and C for total cost to the Nu network:
- n-1 is of length 0.5*t
- If you vote for R at n, there is no reason not to vote for R/2 at n+1 because C=Rt = (R/2)(2t)
- The inverse (2R at n-1) cannot be extrapolated because we don’t know the rate at t/2
- This means there is no reason not to vote for a very small park rate at 64 years if you vote for any park rate at all.
- R’.n can represent R for bin n after time t.n.
Without knowing something about what’s going on with Nu and the open market, it’s difficult to go further. So let me restrict my discussion to the case of increasing park rates.
- assume: R’.n > R.n and R.(n+1) = (R.n)/2
- C.(n+1) = R.(n+1)*(2t.n)
- C.n+C’.n = (R.n+R’.n)*t.n
- C.n + C’.n > C.(n+1)
This situation is bad for Nu, it means that it was more profitable to park for shorter periods than to keep the bits parked. If R.(n+1) = (R.n+R’.n)/2, the pathways would be the same.
I think the way to interpret this is that you should choose the shortest period you are willing to provide parking for. For the next highest bin, guess what the minimum rate will do between now and that next bin and take the average. For the next next highest, do the same thing but use the next highest bin instead.
I am willing to speculate that I would pay someone 12.5% to hold NBT for 11.4 days.
In 11.4 days, I think we will need to be near 17.5%, so I will vote for 15% for 22.8 days.
In 22.8 days, the fork auction might hurt, we should be near 20%, I vote 17.5% 1.5 month.
In 1.5 months, B&C will still be getting set up, lets vote 20% for 3 months.
In 3 months, things should be settling down, I think 15%, let’s vote 17.5% on 6 months.
In 6 months, we’ll be getting back down there near 7.5%, I vote 12.5% for the year.
In 1 year, we’ll be around 0%, let’s vote 6.25% on 2 years for an even number.
In 2 years, still 0%, vote 3.125% on 4 years.
This example assumes I’m updating continuously. The rate of the lowest bin is the most important factor here.